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116 Spencer Rd, Oakham MA 01068

Oakham, MA 01068
$524,900
Est. $3,129/month
3
Beds
2
Baths
1,700
Sq Ft
$309
Price/Sq Ft
3.58
Acres
1987
Year Built
86
Days on Market
Active Price Drop -$15,000 Listed Jan 14, 2026 • MLS# 73468274 Copied!

About this home

Enjoy country living while still having quick access to major routes! This split level ranch has so much to offer. There are 3 bedrooms & 2 full bathrooms on the main level as well as an additional bedroom/office space on the lower level with a 2nd living room & the space to add a kitchenette to create an in-law/teen suite. Multiple heating options include electric baseboards, wood stove, & brand new pellet stove. The solar panels are owned & fully cover the electric bill every month--a HUGE bonus with the recent rate increases! Newer metal roof, newly paved driveway, new shed with heat & electric, large barn with a new metal roof & fenced lot, all set up for animals if you are looking for a farm/horse property. Current owners have had horses, cows, goats, & alpacas. The fencing would be conducive to smaller animals as well and a driveway that wraps around the barn makes trailering nice & simple! Enjoy the 3 1/2 private acres of land in such a convenient location with LOW property taxe

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1987
Bedrooms
3
Full Bathrooms
2
Living Area
1,700 sq ft
Total Rooms
5

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1987
Living Area 1,700 sq ft
Lot Size 3.58 acres
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Electric Baseboard, Electric, Wood, Pellet Stove, Wood Stove
Cooling None
Flooring Wood, Carpet, Laminate
Appliances Electric Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Partially Finished, Walk-out Access, Interior Entry, Garage Access, Concrete
Laundry First Floor, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture Raised Ranch
Roof Metal
Features Storage, Barn/stable, Fenced Yard
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Off Street
Total Spaces 5

Utilities

Electric Generator Connection
Water Private
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup, Generator Connection

Financial

Annual Tax $3,295
Assessed Value $285,300

Interior Features

Flooring: Wood, Carpet, Laminate
Appliances: Electric Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete
Laundry: First Floor, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Raised Ranch
Year Built: 1987
Structure Type:
Exterior Materials: Frame
Roof: Metal
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Electric Baseboard, Electric, Wood, Pellet Stove, Wood Stove
Cooling: None
Hot Water:
Water Source: Private
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Storage, Barn/Stable, Fenced Yard
Patio & Porch:
Fencing: Fenced/Enclosed, Fenced
Other Structures: Barn/Stable
Lot Features: Gentle Sloping
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 5
Parking Features: Attached, Under, Off Street

Location

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Neighborhood

116 Spencer Rd, Oakham MA 01068

Oakham, MA 01068

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $275
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

2
Price Changes
2.8%
Price Range

Property Timeline

Price Reduced
Mar 27, 2026
$524,900 $14,100 (-2.62%)
From $539,000 to $524,900 (-2.6%)
Price Reduced
Mar 17, 2026
$539,000 $900 (-0.17%)
From $539,900 to $539,000 (-0.2%)
🏠
Listed for Sale
Jan 14, 2026
$539,900
Original listing
Agent: Michelle Terry Team Office: eXp Realty

Price & Status History

Date Event Price Change
Mar 27, 2026 Price Changed $524,900 -$14,100
Mar 17, 2026 Price Changed $539,000 -$900
Jan 14, 2026 New Listing Added $539,900

Market Statistics

Days on Market
86 days
Price per Sq Ft
$309
Total Price Drop
-$15,000

Tax History

Year Taxes Assessment
2025 $3,295 $285,300

Financial Details

Annual Property Tax
$3,295
Tax Year 2025
Assessed Value
$285,300

Listing Information

Listing Agent Michelle Terry Team
Listing Office eXp Realty
Agent MLS ID TM326908
Office MLS ID AN8940
Listing Data Updated Mar 31, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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